Dangote refinery begins sale of petroleum products

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“We have substantial quantities. Products are being evacuated both by sea and road. Ships are lining up one after another to load diesel and aviation jet fuel” Mr Edwin said

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Dangote Refinery commenced the supply of petroleum products to the local market on Tuesday, Reuters reported, quoting the Executive Director of the Dangote Group, Devakumar Edwin.“We have substantial quantities. Products are being evacuated both by sea and road. Ships are lining up one after another to load diesel and aviation jet fuel.

“Our members are discussing with banks and these talks have reached advanced stages, when we have our letters of credit, we will begin lifting products,” Femi Adewole, the association’s executive secretary, was quoted as saying. The fresh one million barrels of crude from the Shell terminal via the MT Otis owned by Trafigural is the second consignment to be delivered to the Dangote facility out of the six million barrels of crude being expected by the world’s largest single-train refinery.

 

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